03 December 2021,   22:56
Geneva Court found Ivanishvili"s banker guilty

The Geneva Court found guilty former banker of the Credit Suisse Group AG, Patric Lescadaro, who was accused of manipulations which resulted in the loss of 143 million Swiss francs ($ 152 million) for  his client, including Bidzina Ivanishvili,

Bloomberg reports that the Geneva Court sentenced Patric Lecadadron to a five-year prison sentence on Friday.

Although Lescadron denies receiving any benefit from illegal transactions, a 54-year-old banker has been found guilty and the judge said he has misappropriated over 30 million francs as a result of these operations.

Bidzina Ivanishvili is one of the six clients who suffered from Leskadron"s actions.